These Stocks Respond As Copper Prices Tank After Trump Orders Tariffs On Imports

Mining giants Rio Tinto and BHP were among the plays that fell hard in Wednesday’s stock market, pulled lower as copper prices plummeted after President Donald Trump signed a proclamation ordering tariffs on copper imports, citing national security concerns. U.S. copper prices continued to slide Thursday. The White House announced Wednesday they will impose universal 50% tariffs on semifinished copper products and copper-intensive derivative products.

By Matt Earle

Matthew Earle is the Founder of MiningFeeds. In 2005, Matt founded MiningNerds.com to provide data and information to the mining investment community. This site was merged with Highgrade Review to form MiningFeeds. Matt has a B.Sc. degree with a minor in geology from the University of Toronto.

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